NCLT hearing on NDL Ventures merger adjourned to October 1

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

NDLVENTURE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.2%Reaction day

₹123.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+0.4% vs market

Other Financial Services peers, median of 87sector+0.0%+0.2% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.2 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2-0.1+0.4+0.0+0.2

Next day

+0.9+0.3+0.6-0.4+1.3

+0.5+1.6-1.1-0.4+0.9

-0.8+0.1-0.9-0.4-0.5

-4.2+0.3-4.5-1.0-3.1

-1.3-1.2-0.0-1.4+0.2

+1.4-0.5+1.9-2.4+3.8

15d

-4.1-2.2-1.9-4.1+0.0

-8.3-6.6-1.7-5.8-2.5

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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 87Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NDL Ventures informed exchanges that the NCLT Mumbai listed the merger scheme of Hinduja Leyland Finance into NDL Ventures for final hearing on Sept 18. The tribunal directed the Regional Director to file its report within a week and adjourned the matter to October 1, 2026 for final hearing and disposal.

Likely market impact

Merger progressing through regulatory approvals. Final order expected on or after October 1, 2026.